PSP Projects got listed on the stock markets on Monday with a discount of 9.52% to its issue price. At the NSE, stock opened at Rs 190 a share as against issue price of Rs 210 a share.
Currently, shares are trading at Rs 199.50, down 5% from its issue price. It recorded a high of Rs 199.50 and a low of Rs 190 at the NSE (10:11 am).
PSP Projects is a multidisciplinary construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential and residential projects in India. The company provides its services across the construction value chain, ranging from planning and design to construction and post-construction activities to private and public sector enterprises.